Bitget CEO Says Altcoin Season Won’t Return Until 2026 — If Ever

Bitget CEO Gracy Chen has issued a stark warning that the anticipated altcoin season is unlikely to materialize in 2025 or even 2026, suggesting the era of widespread altcoin speculation may be paused or over. Chen attributed this shift to a damaging "Black Swan" event on October 11, coupled with drying up VC funding and increasing risk aversion among large capital holders, evidenced by a 20-40% drop in centralized exchange trading volume. She characterized the current market phase as one of "doubt," noting that retail investors face a poor risk-reward ratio in altcoins. Supporting this view, data shows momentum has migrated toward Bitcoin, with altcoins underperforming by $800 billion this cycle, and indicators like the Altcoin Season Index plummeting. Chen suggests only niche projects focused on real-world use cases like RWAs or payment infrastructure might stand out, though many may not issue tokens.

(Source：BeInCrypto)